257 Sherman Street, Ridgway, CO

$2,400,000

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9,995

Square feet

0.51

Acres

About 257 Sherman Street

Prime Commercial Building- Seize this exceptional investment opportunity. Currently leased to four thriving businesses, this investment opportunity presents an attractive option for investors seeking the potential for significant long-term capital gains while benefiting from a small positive cash flow. Surrounded by breathtaking 14,000-foot peaks, the distinguished Rio Grande Building is strategically located in Ridgway's thriving commercial heart at the intersection of CO 550 and CO 62, midway between Montrose and Telluride, CO. On the river, the property has superior construction, features 28+ parking spaces and provides flexibility for future growth and expansion. It is zoned for diverse commercial uses—including office, retail, and dining. 50% ownership opportunity also available. Crafted with superior construction and premium materials such as copper gutters and windows, the architecture pays homage to Ridgway's rich history of mining, ranching and railroad heritage. Ridgway, CO, is nestled amidst some of the world's most iconic 14,000 mountain peaks.

Listing Office : Coldwell Banker Distinctive Properties

Features of 257 Sherman Street

MLS® # 823175
Price $2,400,000
Half Baths 5
Square Footage 9,995
Acres 0.51
Year Built 2006
Type COMMERCIAL
Sub-Type Multi-Use
Status Active

Community Information on 257 Sherman Street

Address 257 Sherman Street
Area Ridgway
City Ridgway
County Ouray
State CO
Zip Code 81432

Amenities of 257 Sherman Street

Waterfront River/Stream

Interior of 257 Sherman Street

Heating Natural Gas
Cooling Central Air
Fireplace No

Exterior of 257 Sherman Street

Roof Composition
Foundation Basement-Walk-Out

Additional Information on 257 Sherman Street

Date Listed April 21st, 2025
Zoning Commercial
Data Source Cren MLS

Listing Details of 257 Sherman Street

OfficeColdwell Banker Distinctive Properties

Listing Map of 257 Sherman Street

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